Passenger ships to pay 125% rate increase for IG P&I reinsurance
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Passenger ships to pay 125% rate increase for IG P&I reinsurance

Passenger ship owners have been hit with rate increases of 125 percent as part of their 2013 protection and indemnity (P&I) club membership to contribute towards higher reinsurance costs in the wake of last year's Costa Concordia disaster.

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